EBRD invested €1.35 billion in Poland in 2025

The European Bank for Reconstruction and Development (EBRD) invested €1.35 billion in Poland in 2025 through 44 projects, sustaining a high level of support for the country’s energy security, its business growth and the competitiveness of its private sector.

These figures made Poland the EBRD’s third-largest investment market in 2025, reflecting sustained scale and strong demand for EBRD financing.

The EBRD’s Head of Poland and the Baltic States, Andreea Moraru, said: “We are pleased to have supported our clients with institutional capital and technical expertise, helping them to grow their businesses, strengthen economic resilience and boost Poland’s energy security. Our high level of investment reflects Poland’s continued strategic importance, strong EBRD value add and sustained demand for long term, agile finance since the start of Russia’s full-scale war on Ukraine.”

Amid evolving macroeconomic and geopolitical challenges last year, the Bank continued to help clients to become more efficient, greener and more resilient. All in all, 74 per cent of the Bank’s total investment in Poland in 2025 supported the transition to green energy, including projects boosting the generation and storage of renewable energy and initiatives fostering energy and resource efficiency.

These measures will help to improve the competitiveness of Polish businesses and support Poland’s transition to a low-carbon, energy-secure economy.

Among the highlights last year was the Bank’s PLN 300 million (€70 million) sustainability-linked loan to fibre operator Światłowód Inwestycje to support its fibre optic rollout to 700,000 new households. The Bank also backed Żabka Group’s debut sustainability-linked bond issuance in local currency with PLN 140 million of investment.

The Bank continued to play an active role in Poland’s capital and financial markets. It invested a total of €257 million in equity commitments to Polish companies and funds – a 26 per cent increase on 2024 – including investment in the robotics company Unilogo, insurtech champion Trasti, and venture capital fund Movens Fund 2. These investments helped innovative companies to scale up, professionalise and attract private capital amid challenging market conditions.

The Bank also continued to support issuance by commercial banks across different instrument classes. In addition, the Bank provided an €80 million unfunded portfolio risk-sharing guarantee to BNP Paribas under the InvestEU framework, unlocking €100 million of new financing for residential green investments (including energy efficiency improvements), renewable energy projects and investment in sustainable transport.

The Bank has now invested more than €16.6 billion in Poland since 1991, with 92 per cent of that going to private sector companies.